Funding you earn now, next payment 05:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.027%
Price spread now: Arcus against SunX+0.154%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$72as in the Price arb table
costs, in and out, $10k−$840.843% of the position
Funding, last 4 days (all we have)+0.088%+$9 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.154%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.121% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NVDA-USDT | 226.66 | 0 | get 0.0000% / 8h | 3h 19m | $2K | $3.7M | 20x |
| Short | Arcus NVDA-USD | 227.01 | 0.0040 | get 0.0005% / 1h | 19m 40s | $398K | $738K | 20x |
SunX NVDA-USDT
Arcus NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $8.46
- Price spread: +0.154% → +0.034%
- $12.08
- Slippage, 4 orders
- −$71.76
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$63.72
- Costs to cover
- 0.843%
- Break-even
- 59.7 days
Slippage from SunX: live order book, 8 min ago; Arcus: live order book, 34 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 8 min ago | 22.01 bp | 38.2 bp −$38 | 67.5 bp −$675 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 34 min ago | 1.32 bp | 11.4 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
NVDA on 35 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0080% | 1h | 226.92 | +0.115% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.98 | +0.141% | $12.6M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.98 | +0.141% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.95 | +0.128% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.07 | +0.181% | $15.4M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.10 | +0.194% | $21K | $396K | 10x | as long as short |
| SunX NVDA-USDTlong | 0.0000% | 8h | 226.66 | long leg | $2K | $3.7M | 20x | |
| HTX NVDA-USDT | 0.0000% | 8h | 227.26 | +0.265% | $197K | $462K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.26 | +0.265% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0006% | 8h | 226.99 | +0.146% | $482K | $569K | 20x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.93 | +0.121% | $118K | $53K | 10x | as long as short |
| Variational Omni NVDA | +0.0029% | 8h | 227.08 | +0.183% | $3.6M | $2.2M | — | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.96 | +0.132% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USDshort | +0.0040% | 1h | 227.01 | +0.154% | $398K | $738K | 20x | |
| QFEX NVDA-USD | +0.0041% | 1h | 227.04 | +0.168% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.12 | +0.203% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.83 | +0.075% | $147.4M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.01 | +0.154% | $400K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.87 | +0.093% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.79 | +0.057% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0056% | 1h | 226.93 | +0.120% | $483K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0092% | 8h | 226.99 | +0.146% | $155.5M | $216.3M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.89 | +0.101% | $298K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.02 | +0.159% | $1.6M | $728K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.89 | +0.101% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.98 | +0.141% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.03 | +0.164% | — | — | 10x | as long as short |
| Lighter RH NVDA | +0.0128% | 1h | 227.12 | +0.203% | $5.1M | $7.1M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.11 | +0.199% | $1.3M | $782K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.02 | +0.159% | $93K | $112K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0191% | 1h | 226.99 | +0.146% | $49K | $1.7M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0192% | 1h | 226.83 | +0.077% | $672K | $765K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0212% | 8h | 227.15 | +0.216% | $718K | $201K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.52 | +0.379% | $73K | $138 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0326% | 4h | 227.00 | +0.148% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
Variational Omni NVDA
Lighter NVDA
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC